The Amazon Q1 fiscal numbers are in and there is some good and some bad and there you have the fiscal numbers of Amazon for Q1. Net sales have increased by 34% which equates to $13.18 billion. Although net income was down by 35% and that was only $130 million. Last year this time they had $210 million. Now the sad part about Q1 is the lack of information on the Kindle Fire and how that is working out for Amazon. Just yesterday I wrote a blog based on a study done from Comscore in which the Android tablet market is dominated by the fire with over 50% of the market. So Amazon had some ups and downs in Q1 but I am sure with the Fire and their prime services they will recover some of net income.
